Not yet showing on HC - most important update ever
Cash positvie by the end of the year.. oh wow! sales must be cranking hard!
HIGHLIGHTS
-NICNAS registration expected by May 2019, enabling deliveries of PureGRAPH™ into existing sales agreements.
-Very significant improvements in performance of industrial composite (fibreglass) products in terms of strength, weight, flexibility and reduced water permeability with the addition of PureGRAPH™, resulting in compelling economics.
-Focusing on high volume, high profit margin markets for PureGRAPH™ with fast product adoption cycles and shorter regulatory requirements.
-Expect to achieve cash flow breakeven levels by the end of 2019, with strong growth in sales volumes thereafter.
Continuing to work with a number of longer term product verticals, all of which offer significant performance improvements over existing technologies and materials e.g. FireStop™ and concrete additives.
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